Jackson Square Aviation (“JSA”) has closed a $265m secured credit facility, which provides the company with committed long-term debt capacity. This facility provides JSA with a vital financing source to acquire modern, fuel-efficient aircraft for lease to its airline customers. JSA will finance eight aircraft currently owned or in its committed pipeline, for delivery through 2012. The facility is structured and arranged by Crédit Agricole (the “Arranger”) and fully underwritten by the Arranger and Siemens Financial. This transaction brings JSA's total committed credit facility capacity to approximately $900m.
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Jackson Square Aviation closes $265m credit facility
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